US Stocks Close Mixed as Big Tech Earnings Season Gets Underway
US stocks closed mixed as investors brace for a key week of earnings from Big Tech, with major indices diverging ahead of top reports.
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Amazon to Invest $20 Billion in Pennsylvania Data Centers
Amazon commits $20B to build two Pennsylvania data center hubs, leveraging nuclear and grid power to boost AI capacity, construction jobs, and regional economies.
Google to Pay Texas $1.4B in Landmark Data Privacy Deal
Google will pay $1.4B to Texas to settle claims over unauthorized data tracking, marking the largest state-led privacy settlement with the tech giant.
Meta Announces Major Layoffs Amid Economic Pressures
Meta cuts thousands of jobs despite strong profits, mirroring tech industry’s turbulent restructuring amid economic pressures and AI investment race.
Navigating Uncertainty: US Tech Industry Braces for Challenges Under Trump’s Second Term
As Donald Trump begins his second term, the U.S. tech industry faces significant challenges from aggressive policies, impacting consumer electronics, semiconductors, and Big Tech dynamics.
Australia Enforces Tough Social Media Ban for Under-16s
Australia has enacted a law banning children under 16 from using social media platforms like Instagram, Facebook, and TikTok, marking a significant move in regulating Big Tech.
DOJ Targets Google’s Chrome in Major Antitrust Battle
The U.S. Department of Justice seeks to force Google to sell its Chrome browser as part of a major antitrust case, alleging monopoly practices in search and beyond.
Google Unveils Pixel 9, Intensifies AI Race in Big Tech
Google launches Pixel 9, leveraging AI to compete in Big Tech amidst regulatory challenges and a recent antitrust ruling.
U.S. Judge Finds Google in Illegal Monopoly, Sparks Potential Breakup
A U.S. judge has ruled that Google holds an illegal monopoly in the search engine market, opening the door to potential breakup and significant changes in the online advertising landscape.
EU Launches Antitrust Probe into Microsoft-OpenAI and Google-Samsung AI Deals
The EU investigates major AI partnerships between Microsoft-OpenAI and Google-Samsung, highlighting concerns over Big Tech’s influence in the AI sector.
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